what is economics growth?
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ECONOMIC GROWTH
An increase in the amount of goods & services produced per head of the population over a period of time.
An increase in the amount of goods & services produced per head of the population over a period of time.
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Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP.
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